152 Syndicate Street

Property Overview

152 Syndicate Street is a historic home in Winnipeg's North Point Douglas neighbourhood, built in 1893. With 1,310 square feet of living space on a 3,274 sqft lot, it presents a distinct urban character. Its recent sale price fell between $200,000 and $250,000, closely aligning with its $196,000 assessed value.

Key Characteristics & Appeal

This home’s primary appeal lies in its context. It offers above-average space for its immediate street and neighbourhood, making it a comparatively spacious option in the area. The assessed value is notably higher than many local comparables, which can signal perceived value or specific upgrades, but it remains significantly below the Winnipeg city average—highlighting North Point Douglas as a more accessible entry point into the city’s housing market.

The 1893 build date is a defining characteristic. It places the home among the oldest in the city, appealing to buyers seeking historic charm and original architectural details, though it necessitates a practical mindset for maintenance and updates. The lot size is typical for the neighbourhood but smaller than the city standard, suggesting a lower-maintenance yard suited for urban living rather than expansive outdoor projects.

This property would best suit a value-conscious buyer or investor looking for character in a transitioning neighbourhood. It’s for someone who prioritizes interior space and historic authenticity over a large yard or a newer build, and who is comfortable with a home that requires a hands-on approach.

Frequently Asked Questions

1. How does the assessed value compare to the sale price?
The home sold for between $200,000 and $250,000, which is close to its $196,000 assessed value. This suggests the sale was in line with the city’s valuation for tax purposes.

2. What does the 1893 build year mean for a buyer?
As one of the older homes in Winnipeg, it likely possesses historic charm but also requires careful attention to aging infrastructure, such as plumbing, electrical, and the foundation. A thorough inspection is essential.

3. Is the lot size a limitation?
At 3,274 sqft, the lot is average for North Point Douglas but below the Winnipeg average. It provides a manageable outdoor space typical of older, central neighbourhoods, but not room for extensive additions.

4. Why is the city-wide assessed value ranking so low?
The "Top 92%" ranking means the assessed value is lower than 92% of properties city-wide. This doesn’t reflect poor condition, but rather the dramatic price difference between central neighbourhoods like North Point Douglas and newer or more affluent areas across Winnipeg.

5. How can I get the exact sale price?
The exact sale price is not publicly displayed due to data source rules. You can request the verified figure by emailing the site directly for a manual lookup.